Norway Revokes Mining Subsidies, Bitmain Opens Washington Facility
Crypto News
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Crypto News
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Norway Revokes Mining Subsidies, Bitmain Opens Washington Facility

btcethereumadmin - November 23, 2018

In mining news, Norway will revoke electricity subsidies currently available to cryptocurrency miners at the start of next year. Also, Bitmain has opened a 12 megawatt data…

Miner Abandons Swedish County, Leaves $1.5M in Unpaid Electricity Bills
Crypto News
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Crypto News
47 views

Miner Abandons Swedish County, Leaves $1.5M in Unpaid Electricity Bills

btcethereumadmin - November 16, 2018

Two mining companies with operations in Sweden have reportedly abandoned their facilities in the country’s northernmost county of Norrbotten. One of the companies, U.S. miner NGDC, appears…

Canada’s DMG Blockchain Puts 85 Megawatt Crypto Mining Facility Into Operation
Bitcoin
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Bitcoin
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Canada’s DMG Blockchain Puts 85 Megawatt Crypto Mining Facility Into Operation

btcethereumadmin - November 9, 2018

Canada-based blockchain and crypto company DMG Blockchain Solutions has energized most of its 85 megawatt crypto mining facility in British Columbia. Canadian blockchain and cryptocurrency company DMG…

Bitcoin Miners Flock to Paraguay as Country Weighs Its Social Development Options
Bitcoin
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Bitcoin
36 views

Bitcoin Miners Flock to Paraguay as Country Weighs Its Social Development Options

btcethereumadmin - November 6, 2018

Paraguay’s Itaipú Dam, one of the largest hydroelectric facilities in the world, is supporting bitcoin and ethereum mining in a city on the country’s border with Brazil…

Ephrata, Washington Imposes Year-Long Ban on New Cryptocurrency Mining Operations
Crypto News
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Crypto News
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Ephrata, Washington Imposes Year-Long Ban on New Cryptocurrency Mining Operations

btcethereumadmin - October 21, 2018

The city of Ephrata, Washington, has temporarily halted new crypto mining developments for the next 12 months. The city of Ephrata, Washington, will halt new crypto mining…

How Bitcoin Mining Can Help Nuclear Reactors
Bitcoin
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Bitcoin
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How Bitcoin Mining Can Help Nuclear Reactors

btcethereumadmin - October 17, 2018

Bitcoin mining has been criticized by mainstream media, environmentalists and some economists for its energy consumption deemed excessive. Yes, the proof of work system burns a lot…

Church Mining Cryptocurrency to Pay Higher Electricity Rates
Crypto News
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Crypto News
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Church Mining Cryptocurrency to Pay Higher Electricity Rates

btcethereumadmin - October 15, 2018

The outcome of a court case in Russia may affect the popular practice of cryptocurrency mining in basements and garages. According to a recent ruling, a church…

Church Mining Cryptocurrency Told to Pay Higher Electricity Rates
Crypto News
39 views
Crypto News
39 views

Church Mining Cryptocurrency Told to Pay Higher Electricity Rates

btcethereumadmin - October 15, 2018

The outcome of a court case in Russia may affect the popular practice of cryptocurrency mining in basements and garages. According to a recent ruling, a church…

Crypto Mining Becomes Less Profitable, Shifts Towards ‘Bigger Players,’ Report Shows
Bitcoin
57 views
Bitcoin
57 views

Crypto Mining Becomes Less Profitable, Shifts Towards ‘Bigger Players,’ Report Shows

btcethereumadmin - October 9, 2018

Diar states crypto mining has seen record revenues in 2018, but the prices for electricity will soon make it profitable only for “bigger players.” Bitcoin (BTC) miner…

Proposed Crypto Mining Moratorium Rejected by County in Montana
Bitcoin
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Bitcoin
79 views

Proposed Crypto Mining Moratorium Rejected by County in Montana

btcethereumadmin - September 30, 2018

Montana’s second most populous county, Missoula County, has rejected the proposal for a moratorium on cryptocurrency operations. The proposal was first presented at a public hearing in…